MARC record from Internet Archive

LEADER: 05899cam 2200937 a 4500
001 ocm27725295
003 OCoLC
005 20201001184108.0
008 930224s1993 nyua b 001 0 eng
010 $a 93016800
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050 00 $aHD87$b.T39 1993
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084 $aQM 000$2rvk
084 $aG 8.9
084 $aG 0.18
084 $aGA 2
100 1 $aTaylor, John B.
245 10 $aMacroeconomic policy in a world economy :$bfrom econometric design to practical operation /$cJohn B. Taylor.
250 $a1st ed.
260 $aNew York :$bW.W. Norton,$c©1993.
300 $axviii, 330 pages :$billustrations ;$c24 cm
336 $atext$btxt$2rdacontent
337 $aunmediated$bn$2rdamedia
338 $avolume$bnc$2rdacarrier
504 $aIncludes bibliographical references (pages 313-318) and index.
505 0 $a1. Macroeconomic Policy Questions and Methods -- 2. A First Look at Econometric Policy Evaluation -- 3. Building a Multicountry Empirical Structure -- 4. Shocks and Disturbances to the World Economy -- 5. The Impact of Monetary and Fiscal Instruments -- 6. Design of Policy Systems -- 7. Transitions to New Policy Systems -- 8. Policy Systems in Operation -- Appendix 1: Data -- Appendix 2: Computer Programs.
520 $aIn this long-awaited book, John B. Taylor sets forth an alternative to the Keynesian econometric analysis traditionally applied by macroeconomic policymakers.
520 8 $aThe book benefits not only from Professor Taylor's well-established international reputation as a leading expert on macroeconomic theory but also from his policy experience "inside the beltway," including two and one-half years' service as a member of the Council of Economic Advisers where he was responsible for macroeconomic and international economic issues.
520 8 $aThe notion of a policy rule, defined as the systematic response of the policy instruments to the state of the economy, is pervasive in modern macroeconomic research. Experts like Professor Taylor regularly respond to questions about how policy affects the economy. Sometimes the questions - such as the independence of the central bank, the formation of a currency bloc, the enforcement of government budget rules - concern the fundamental design of the policy-making institutions.
520 8 $aAt other times the questions are about implementation of new monetary or fiscal policies - such as how fast to move to a noninflationary monetary policy or how soon to reach a balanced budget. Most frequently the questions concern much shorter term operational issues, such as whether - in any given week or month - the central bank should be raising or lowering short-term interest rates.
520 8 $a. The purpose of this book is to develop a framework based on a set of policy rules to answer such questions. Professor Taylor accomplishes this, bringing to bear all the advantages of modern macroeconomics, econometrics, and computer simulation techniques - to which his own research has contributed greatly. The resulting volume forms essential reading for all serious students of macroeconomic policy, whether from the academic or policy perspective.
650 0 $aEconomic policy.
650 0 $aInternational economic relations.
650 0 $aEconometrics.
650 6 $aPolitique économique.
650 6 $aRelations économiques internationales.
650 6 $aÉconométrie.
650 7 $aEconometrics.$2fast$0(OCoLC)fst00901574
650 7 $aEconomic policy.$2fast$0(OCoLC)fst00902025
650 7 $aInternational economic relations.$2fast$0(OCoLC)fst00976891
650 17 $aEconomische politiek.$2gtt
650 17 $aMacro-economie.$2gtt
650 17 $aInternationale economische betrekkingen.$2gtt
650 17 $aEconometrische analyse.$2gtt
650 7 $aInternationale Wirtschaftspolitik$2gnd
650 7 $aWirtschaftspolitik$2gnd
650 7 $aÖkonometrie$2gnd
650 4 $aMacroeconomía.
650 4 $aRelaciones económicas internacionales.
650 4 $aEconometría.
650 07 $aInternationale Wirtschaftspolitik.$2swd
650 07 $aWirtschaftspolitik.$2swd
650 07 $aÖkonometrie.$2swd
653 0 $aMacroeconomics
856 41 $3Table of contents$uhttp://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&doc_number=006323441&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA
856 41 $3Table of contents$uhttp://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=006323441&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA
856 41 $3Table of contents$uhttp://digitool.hbz-nrw.de:1801/webclient/DeliveryManager?pid=1311205&custom_att_2=simple_viewer
856 4 $3Inhaltsverzeichnis$uhttp://digitool.hbz-nrw.de:1801/webclient/DeliveryManager?pid=1311205&custom%5Fatt%5F2=simple%5Fviewer$yMacroeconomic policy in a world economy
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938 $aBaker and Taylor$bBTCP$n93016800
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948 $hNO HOLDINGS IN P4A - 307 OTHER HOLDINGS